
Holley (HLLY) Stock Forecast & Price Target
Holley (HLLY) Analyst Ratings
Bulls say
Holley Inc has demonstrated resilience in a challenging market, achieving approximately 12% sales growth among national retail clients in 2024, driven by a cooperative sales strategy that now accounts for around 80% of its wholesale sales volume. The company is expected to return to growth starting in the first quarter of 2025, leveraging product innovation, category expansion, and strategic promotions, alongside a projected total sales increase of 4.0% to $621.8 million for the year. Additionally, Holley's initiatives to enhance operational efficiency led to a 2.2% rise in adjusted EBITDA to $29.1 million, indicating strengthened profitability that is anticipated to support continued market share gains moving forward.
Bears say
Holley Inc. experienced a notable decline in total sales, which decreased by 10.1% to $140.1 million, attributed to weaknesses in the reseller channel and broader macro market demand challenges, such as high inflation and elevated interest rates affecting consumer confidence. Despite outperforming internal projections, the company's year-over-year sales forecast was revised downwards to a 0.4% decline for 2025, illustrating a shift in expectations due to persistent weak demand trends and increased inventory levels among distribution partners. Additionally, the net debt to adjusted EBITDA ratio remains relatively high at 4.17x, further indicating financial stress despite being within covenant thresholds, suggesting underlying risks that could impact Holley’s financial stability.
This aggregate rating is based on analysts' research of Holley and is not a guaranteed prediction by Public.com or investment advice.
Holley (HLLY) Analyst Forecast & Price Prediction
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